Art Peritus
JANUARY 31, 2025
According to the insurance firm Marsh McLennan , luxury assets have grown in value by 123% over the past decade, establishing themselves as a meaningful asset class. Like conventional assets such as real estate, stocks, and bonds, passion assets can also serve as collateral for loans, provided their value exceeds the debt plus interest.
Art Appraisal Resources
AUGUST 3, 2023
Insurance Coverage Artwork, especially valuable contemporary pieces, can be a significant asset that requires proper insurance coverage. Insurance companies typically ask for a current appraisal to determine the appropriate coverage and ensure adequate compensation in the case of loss or damage.
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ValuePros Appraisal Services
MAY 13, 2018
Instead, stolen paintings are often used as collateral for drug deals or used to raise fraudulent loans from banks. FINE ART APPRAISERS Our staff of experts certify the value of hundreds of pieces of fine art every month. The post Lost Fine Art: The White Duck by Jean-Baptiste Oudry appeared first on ValuePros Appraisal Services.
Michael Rose Fine Art
NOVEMBER 9, 2023
Each month a gallery needs to sell enough art to pay rent, utilities, insurance, marketing fees, and other incidentals like paint, labels, collateral materials, and reception expenses. For a retail gallery, the added expense of staff salaries and health insurance can prove insurmountable.
Art Advisor's Blog
JULY 18, 2018
As you might imagine, this small percentage of the population makes up a considerable proportion of our clientele at Signet Art ; we work with individuals, museums, attorneys, shipping companies, insurance carriers and adjusters. From that lofty position, she helps HNWIs look at the safety of their collections and insurance needs.
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